Securities Fraud Investigation Into Upwork Inc. (UPWK) Continues – Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz
The Law Offices of Frank R. Cruz continues its investigation of Upwork Inc. (“Upwork” or the “Company”) (NASDAQ: UPWK) on behalf of investors concerning the Company’s possible violations of federal securities laws.
IF YOU ARE AN INVESTOR WHO LOST MONEY ON UPWORK INC. (UPWK), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS.
What Is The Investigation About?
On May 7, 2026, Upwork released its first quarter 2026 financial results, revealing that gross service volume was approximately flat year-over-year and the number of active clients had declined. The Company also cut its full year revenue guidance and stated that “the pace of AI automation was faster than previously seen” and the “overall impact of AI is marginally a net headwind for Upwork today.”
